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Dec 5, 2012
12/12
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president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are now taking some heat over their latest plan a lot of it from within their own party. >> five, four -- >> reporter: house speaker john boehner led the countdown to the lighting of the capitol hill christmas tree last night. >> one. >> reporter: but a different countdown weighs on the minds of these lawmakers, the countdown to the fiscal cliff. a series of tax increases and spending cuts due to kick in at the end the year. >> god bless us, everyone. >> reporter: speaker boehner offered the republican proposal this week and now he faces opposition from president obama. >> the speaker's proposal is out of
president obama said he wasn't ruling out some reductions in entitlement programs such as medicare and social security, meanwhile house speaker john boehner has to win over hard liners in his own party. susan mcginnis is following it all. >> reporter: hi. good morning. there are some glimmers of common ground here among the two sides that could form the basis of a deal. the president is now talking about actually lowering the tax rate for the top 2% not now but later. and republicans are...
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Dec 10, 2012
12/12
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. >>> president obama and house speaker john boehner met one on one yesterday. are they any closer to a deal on the fiscal cliff. >>> and dr. j's the center of the royal hoax break their silence. >>> and hoveling villagers -- and how villagers in india help rescue this massive elephant. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10 devices with unlimited talk and text. get a droid incredible 4g lte by htc for $49.99. forest officials and villags worked together to rescue oe . >>> it is a happy ending for three elephants in india. they were trapped in a big mud pit here. the adult male had been there for three days before receiving medicine and vitamins. in another part of india, a female and a calf fell into an open well in the out skirts of the village. a mother struggled to to get them out of before an earth mover got them out. they weigh a lot. >> they do. it takes a lot of work and effort to rescue the elephants. >>> weather wise, you came back on a lovely
. >>> president obama and house speaker john boehner met one on one yesterday. are they any closer to a deal on the fiscal cliff. >>> and dr. j's the center of the royal hoax break their silence. >>> and hoveling villagers -- and how villagers in india help rescue this massive elephant. this holiday, share everything. share "not even close." share "you owe me..." share "just right." the share everything plan. shareable data across 10...
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Dec 13, 2012
12/12
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so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year. it's affecting america today. well, even santa claus is upset. santa claus showed up on capitol hill wednesday, urging congress and the white house to strike a deal to avoid the looming fiscal cliff before christmas. >> it's discouraging that our elected leadership in congress can't come together to get the job done for the american people. >> reporter: both sides say it's putting a damper on the holidays. >> i think it's going to be extremely difficult to get it done before christmas. ? . >> in anticipation, there is no agreement. congressional leaders told lawmakers not to make holid
so far this week, president obama and house speaker john boehner have spoken twice. boehner says differences remain and he's told lawmakers not to make plans for the week after christmas, which means we'll probably be here, too, including susan mcginnis in washington this morning with the latest. susan, good morning to you. >> hi. good morning, terrell. as the white house continue to fail at coming to a conclusion on the budget, this fiscal cliff is not waiting for the end of the year....
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Dec 10, 2012
12/12
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. >> president obama and speaker boehner negotiate face to face at the white house. >> republicans are softening their resistance to a tax increase for the rich, but they want something in return. >> there is a growing group of folks realizing that we don't have a lot of cards as it related to the tax issue. >> an american doctor who had been kidnapped by the taliban in afghanistan was rescued. >> dr. dilip joseph is free, but one u.s. navy seal lost his life in this mission. >> this fallen hero was a member of navy s.e.a.l. team 6. >> condolences pouring in after the tragic death of mexican-american singer jenni rivera, killed in a plane crash. >> for the first time since their prank call that led to the apparent suicide of kate middleton's nurse, those radio hosts are speaking out. >> we didn't have any idea like something like this could possibly happen. we couldn't see this p haing. it was meant to be a prank call. >> the midwest covered in snow this morning. some saw up to 17 inches of snow. >> you head out with your well dressed pet monkey. suddenly you two are separated. >> oh,
. >> president obama and speaker boehner negotiate face to face at the white house. >> republicans are softening their resistance to a tax increase for the rich, but they want something in return. >> there is a growing group of folks realizing that we don't have a lot of cards as it related to the tax issue. >> an american doctor who had been kidnapped by the taliban in afghanistan was rescued. >> dr. dilip joseph is free, but one u.s. navy seal lost his life in...
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Dec 12, 2012
12/12
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speaker boehner and president obama talked by tell phone. i'm told the phone call did not go particularly well and they remain divided. they're going to allow business to go on until december 28th. the president remains confident a deal will get done. on monday the president gave republican as new offer, trimming his request for ten years of income tax revenue from $1.6 trillion to $1.4 trillion. he told republicans yesterday he's willing to put tax reform into the mix of negotiations. the republicans said the president is still asking for way too much in tax revenue and they always thought corporate tax reform would be part of the larger way. it's hard to come to a deal when one side officers concessions and the other side says the concessions are merely distractions and diversions, but that's where we are. >> major garrett, thank you. >>> body woobdward, associate editor of "the washington post." what do you think is going on inside that they're not talking about? >> i think they knee they really have to fix this. if they don't fix it it c
speaker boehner and president obama talked by tell phone. i'm told the phone call did not go particularly well and they remain divided. they're going to allow business to go on until december 28th. the president remains confident a deal will get done. on monday the president gave republican as new offer, trimming his request for ten years of income tax revenue from $1.6 trillion to $1.4 trillion. he told republicans yesterday he's willing to put tax reform into the mix of negotiations. the...
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Dec 10, 2012
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but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried to walk that back. as soon as that conservation happens, that will unlock everything. >> schieffer: can speaker boehner deliver the votes in his caucus if in fact he makes a deal? >> i don't think he that's say it. high doesn't have to say it out loud. s that's thing. he needs to signal it in some way and then you'll have a two-stage process. they'll do the fiscal cliff stuff and tax reform by august 1 of next year. >> but the speaker so far has not had a rebellion underneath him. he has said things that continue to move in this direction without a rebellion. here's what happened oned with. the
but, look, as soon as what president obama wants is speaker boehner say he's going to give on the tax rates. as soon as that happens it will unlock everything else. the white house says boehner knows they will be willing to make structural reform to entitlements and take on his own party on that matter, but they want that concession from boehner about the rates. and you saw boehner walk right up to the line on friday by suggesting maybe it could go from 35 to 37 or give a little bit. they tried...
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Dec 8, 2012
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and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on the table to take a step toward the president to try to resolve this. when is he going to take a step toward us. >> jay david cox sees real conqueenses if the country goes over the cliff. >> -- consequences if the country goes over the cliff. >> there would be a lot of employees who would be furloughed or lose their job. >> speaker boehner says he will be staying in town this weekend ready to negotiate with the president. danielle nottingham, cbs news washington. >>> a car can't be registered at the dmv. turning buyers and sellers into big losers. >>> when it comes to early december weather, does it get any better th
and house speaker john boehner. here on capital hill, boehner says he is still waiting for the white house to respond to the latest gop proposal. >> this isn't a progress report because there's no progress to report. >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after the election to put revenues on the table to take a step toward the president to try to resolve this. when...
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Dec 10, 2012
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president obama and house speaker john boehner met behind closed doors sunday. it was their first face-to-face meeting since november 6, the election day, and now it look like some republicans may be breaking ranks. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president heading out on the road again. president obama leaves d.c. today, headed to michigan to talk to auto workers, part of his strategy to generate public support for his plan to avoid the fiscal cliff, the tax hikes and spending cuts due to kick in at year end. the president and house speaker john boehner met one on one at the white house on sunday. while no details were leaked, a rarity for washington, we do know the main sticking points remain. raising taxes on high earners and making cuts to entitlement programs like medicare. >> you know, they started their tango now, and any time you start a ta
president obama and house speaker john boehner met behind closed doors sunday. it was their first face-to-face meeting since november 6, the election day, and now it look like some republicans may be breaking ranks. susan mcginnis is in washington with the latest. hi, susan. good morning to you. >> hi. many on capitol hill are encouraged by the weekend talks, but to get a deal done on time, apparently action this week is said to be critical. and now we have the president heading out on...
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Dec 10, 2012
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. >> a fox urgent, breaking news on a one-on-one meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker boehner met at the white house to discuss efforts to resolve the fiscal cliff, we're not reading out details of the communication, but the lines of communication remain open, end quote. this meeting comes as the white house and congress appear to be at at impasse, you know by now is crippling spending and tax hikes and could cost us jobs and send us back into recession and to solve the problem, republicans say we must prevent our ballooning national debt from crushing generations. and chief white house correspondent now ed henry joins us by phone with the latest on this breaking story, ed, they kept this und
. >> a fox urgent, breaking news on a one-on-one meeting held between president obama and house speaker boehner on the so-called fiscal cliff. and the two most important players involving the financial future of our nation. i'm harris falkner, we're told a meeting was held behind closed door and without the media's knowledge and both men tight-lipped about what was said and when we asked for comments, both giving us the same statement, quote, this afternoon the president and speaker...
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Dec 10, 2012
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with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with higher income and retirement should may more. >> reporter: if washington can't reach an agreement, every american will see a tax hike. >> there's going to be a lot of suffering among a lot of people who deserve otherwise. >> reporter:
with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >>...
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Dec 6, 2012
12/12
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house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or at the white house, there will be no deal without a compromise on taxes, something that does not appear likely any time soon. >> an obsession to raise taxes is not going to solve the problem. >> treasury secretary timothy geithner said the white house is absolutely willing to go over the fiscal cliff if the gop doesn't agree to raise taxes on the top 2% of earners. while a handful of republicans appears willing to concede that point, the party's position seems unchangeable. >> speaker boehner took a position i think the day after the campaign that says we're willing to bring in revenue, but we're not willing to increas
house speaker john boehner says he's still waiting for president obama to make his next counteroffer to the republican plan he rejected. >> i'm going to need a response from the white house. we can't sit here and negotiate with ourselves. >> the president and boehner spoke on the phone wednesday, but republicans want more. >> we want to sit down with the president. we want to talk specifics. >> whether the talks happen on the phone or in person, here on capitol hill or...
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Dec 10, 2012
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president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the the new year. announcement is expected when the bankers meet tomorrow and wednesday. a new survey shows pay for private college presidents continues the upward climb. they studied data from 2010 and median compensation rose to $400,000. that is up nearly 3 personality. that's a -- percent. that's a pretty good paying job there. very lucrative. >> cbsmoneywatch.com, thank you. >>> a heavy storm is pummeling the upper midwest. 15 inches of snow dumped on the twin city in minnesota. crews are cranking up the late to melty snow -- melt snow on the roof. it dumped 17 inches of snow on the roof
president obama and house speaker john boehner met to try to prevent the impending fiscal cliff. the tax hikes and spending cuts due to kick in on january 1st. the main sticking points remain, and cuts to entitlement programs medicare. the president has asked congress to work through the holiday break if no deal is reached before then: the federal reserve is expected to announce an expansion o of their program. they will extend the program of buying $85 billion of securities each month into the...
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Dec 10, 2012
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president barack obama and house speaker john boehner met face to face at the white house today. no details on their conversations but refs for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> just after midnight on sunday gay couples in washington state made history. the voter approved referendum was signed into law on wednesday. >>> venezuelan president yugo chavez is returning to cuba for more cancer surgery. this time he is making sure a new leader is in place in case he doesn't return. he named the vice president as his choice for his choice in case something happens to him. he's scheduled to be swarn in for a new six-year term on january 10th. >>> some very sad news for fans of music superstar jenny rivera. they have found the wreckage of the private jet believing to be carrying the popular mexican-american singer and six others. the plane lost contact early this morning. so far, no cause has been given for that crash. >>> the menorah has been il
president barack obama and house speaker john boehner met face to face at the white house today. no details on their conversations but refs for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> just after midnight on sunday gay couples in washington state made history. the voter approved referendum was signed into law on wednesday. >>> venezuelan...
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Dec 7, 2012
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i'll tell you what, norah, i'm encouraged to hear overnight that president obama and speaker boehner have decided they are going to sit down and try to negotiate this out quietly and confidentially. that's the way we used to do it. that's the way ronald reagan did it with tip o'new'neilwe o'neil. back in 1982 or '83. we had private meetings actually in the basement of my home in washington. nobody knew about them. we were free to give and take and put things on the table without fear that would be used politically against us. same thing for the democrats. that's what we need to get back to. we need something in the nature, norah, of a grand bargain, along the lines of the simpson bowles proposal, something that has everything on the table and that cuts spending and increases revenue. and we've got to do it. the country is in extraordinarily bad shape economically. >> secretary baker, do you believe that the republicans should be willing to concede on the question of raising the rates on the wealthy? >> i don't think they should be willing to concede on that any more than the democrat
i'll tell you what, norah, i'm encouraged to hear overnight that president obama and speaker boehner have decided they are going to sit down and try to negotiate this out quietly and confidentially. that's the way we used to do it. that's the way ronald reagan did it with tip o'new'neilwe o'neil. back in 1982 or '83. we had private meetings actually in the basement of my home in washington. nobody knew about them. we were free to give and take and put things on the table without fear that would...
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Dec 7, 2012
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president obama's approval rating is at a three-year rate. 53%. and 53% say they trust president obama to avoid the fiscal cliff. compared to just 36% who trust republicans in congress. also today speaker boehner said he wouldn't rule out an agreement to raise taxes as part of a fiscal cliff deal. but he also said there's no progress. this is what winning looks like. joining me now, e.j. dionne and thank you both for your time. senator solis, the jobless rate is at a four-year low. that's quite an achievement. >> yes, reverend re. but we still need to do more. in sectors like retail and health care and tourism and hospitality. we need to do more because people are still suffering. we've got to put jobs back in infrastructure and construction and put our teachers. that's why the president is working so hard so we don't go off the fiscal cliff so we keep the most vulnerable people out of harm's way. to pay $2,200. we've got to talk about fairness here and i'm very excited that the public is listening to the message that the president has made very,
president obama's approval rating is at a three-year rate. 53%. and 53% say they trust president obama to avoid the fiscal cliff. compared to just 36% who trust republicans in congress. also today speaker boehner said he wouldn't rule out an agreement to raise taxes as part of a fiscal cliff deal. but he also said there's no progress. this is what winning looks like. joining me now, e.j. dionne and thank you both for your time. senator solis, the jobless rate is at a four-year low. that's quite...
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Dec 9, 2012
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president obama says he is willing to cut some entitlements and speaker john boehner is not ruling out a tax hike for top earners. >>> and muni is contemplating changing their fare to be based on a person's income. the bay area lead transit body is conducting a study on the issue due to riders' mixed feelings. >>> and "face the nation" is coming up next on cbs 5. for us, we move over to the cw, where salmon have suddenly appeared after a 50-year absence. channel 44, cable 12, starting at 8:30 a.m. >> what are we supposed to do? we're supposed to swim upstream. we forgot about that. >> well, right now, no water to speak of in our skies. >> and probably a well-deserved break. as we have a look outside, it's going to be sunny and breezy. northwesterlies kick up, a dry direction, kind of chapped lips weather. feferlts, plenty of sunshine. temperatures are going to be in the mid-60s on average in the bay area, going to be nice. next chance of rain coming in on wednesday. >> we'll concentrate on the sunshine in the meantime. >>> thanks for joining us this morning. enjoy the rest of your sund
president obama says he is willing to cut some entitlements and speaker john boehner is not ruling out a tax hike for top earners. >>> and muni is contemplating changing their fare to be based on a person's income. the bay area lead transit body is conducting a study on the issue due to riders' mixed feelings. >>> and "face the nation" is coming up next on cbs 5. for us, we move over to the cw, where salmon have suddenly appeared after a 50-year absence. channel 44,...
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Dec 10, 2012
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president obama one-on-one with speaker boehner. major garrett has new details on fiscal cliff negotiations. >>> plus ceo of general electric jeff immelt tells us why both sides need to act now. >>> it's a mess in parts of the midwest this morning. an early storm drops morha
president obama one-on-one with speaker boehner. major garrett has new details on fiscal cliff negotiations. >>> plus ceo of general electric jeff immelt tells us why both sides need to act now. >>> it's a mess in parts of the midwest this morning. an early storm drops morha
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Dec 8, 2012
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and house speaker boehner. here on capital here hill boehner says he is still waiting on the white house to respond to the latest proposal. >> this isn't a progress report because there is no progress to report. to >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after election to put revenues on the tame to take a step toward the president to try to resolve this. ,,,,,, ,,,,,, >>> you made it. it is weekend time, and i can vouch for both weather and traffic. weather thumbs up. traffic, thumb's down. here is a live look outside. we have mainly clear skies and mainly congested roads. beautiful weather, though. also in the south bay we're looking good. we are cooling down quickly. many of you will be in the upper 30s by tomorrow morning. concord you will be one of those spots down to 51. san jose, 56 degrees. ground clutter being picked up by our radar. there was no rainfall for 400 miles from san francisco. the
and house speaker boehner. here on capital here hill boehner says he is still waiting on the white house to respond to the latest proposal. >> this isn't a progress report because there is no progress to report. to >> republicans are offering to extend tax breaks for all americans, close tax loopholes and cut nearly $1.5 trillion in spending. >> i came out the day after election to put revenues on the tame to take a step toward the president to try to resolve this. ,,,,,,...
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Dec 6, 2012
12/12
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president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more important, the context of the deal, keet players yesterday picked up the phone. phone call relatively brief and substantive. details remain elusive. it was shorter, sources say, to last week's 28-minute conversation described them as curt, direct and frank. no one familiar with this call used such barbed words. it also occurred before treasury secretary tim geithner laid down this harsh fiscal cliff marker. >> is the administration prepared to go over the fiscal cliff? >> oh, absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest americans
president obama spoke on the phone with house speaker john boehner on wednesday while his treasury secretary said the white house is, in fact, ready to go straight over the fiscal cliff. major garrett is at the white house. major, gd morning. >> reporter: good morning, charlie and norah. the president will cross over the potomac into northern virginia to meet with a family who says their taxes don't go up, they'll be happier and spend more money. that's the pr side of this. much more...
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Dec 6, 2012
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and speaker boehner spoke on the phone yesterday. both men agreeing not to publicly characterize how the conversation went. but the stalemate in negotiations entered bold new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the top 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest members. only 2%. the size of the problem in some sense is so large it can't be solved without rates going up. again, there is broad recognition of that reality now. >> one fallback option, republicans are reportedly considering to accept tax cuts for the middle class, allow rates to go up to the wealthiest and then start the fight all over again during debt limit talks early next year. yesterday at a business roundtable of ceos, president obama took a hard line warning op
and speaker boehner spoke on the phone yesterday. both men agreeing not to publicly characterize how the conversation went. but the stalemate in negotiations entered bold new territory yesterday with treasury secretary tim geithner suggesting the white house is ready to go off the cliff if republicans refuse to raise taxes on the top 2%. >> if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there's no prospect to an...
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Dec 6, 2012
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obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the conversation was described as brief, meaning shorter than the 28-minute conversation speaker boehner and the president had last week. also those familiar with the conversation tell me-- or do not used words like "curt," "frank" and "direct" meaning it was probably more gentle. also i'm told scott this is no longer a time for check-in phone calls between these two leaders. everything now is substantive about the underlying merit of what treasury secretary geithner. republicans believe this can be done through tax loopholes not raising rates on the wealthiest americans. >> pelley: we asked chip reid to vi
obama and the republican speaker of the house talked this over today and here's major garrett at the white house. major? >> reporter: scott, there is a code of silence the white house and speaker boehner's try to apply to these phone conversations, releasing as few details as possible to protect the underlying negotiations. nevertheless, cbs news has learned the following: the speaker and the president spoke before treasury secretary geithner's comments about going over the cliff. the...
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Dec 11, 2012
12/12
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obama and speaker boehner meeting face-to-face over the fiscal cliff. they're not sayinn what they talked about as the "a team" joins us next. lou: the joining now e "a team" special assistant to the george bush ron christie, d pulitzer prize winning journalist never an assistant to george w. bush love and president mors says the rescind his powers to rested a civilian industry? >> good news tonight. he knowledg he had to make a concession that doesn't matter in the long run. it iall about t referendum for the islamist constitution. >> he has not backed away. lou: giving the obama administration, john negroponte e ging support do you agree things are betterhan six months ago? >> here i have to agree they acknowledge immorality. egypt is going in a bad direction. there is nothing we could have done. >> egypt has retained with the policies it is pursuing. the decision to go to day u are the political expert , to go into michigan that frustrates the president ey just soldd a123 1/4 million taxpayer money and 13 union workers going ba to chrysler. it is the
obama and speaker boehner meeting face-to-face over the fiscal cliff. they're not sayinn what they talked about as the "a team" joins us next. lou: the joining now e "a team" special assistant to the george bush ron christie, d pulitzer prize winning journalist never an assistant to george w. bush love and president mors says the rescind his powers to rested a civilian industry? >> good news tonight. he knowledg he had to make a concession that doesn't matter in the...
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Dec 9, 2012
12/12
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WBAL
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. >> president obama and house speaker john boehner meeting at the white house today for another round of talks to avert the possible cliff. both sides a there keeping the lines of communication open, but no word yet on a breakthrough. brian mooar has the latest from washington. >> president obama and house speaker john boehner were behind closed doors today trying to break the tax and spending stalemate recommended take the country over the fiscal cliff in three weeks. they want to about to the president's demand that taxes go up for the wealthy. >> will i accept a tax increase to actually solve our problems? yes. >> we have one house and that's it. this is in the democrats' hands. >> we agree on 98% of this, to me, i would just get it off the table also they don't worry about it. >> they agreed that visits are going up on the rich no matter what. >> you cannot generate enough revenue to have meaningful deficit reduction. >> republicans want a big spending cuts from programs like medicare and social security. >> we do not want to be here in another year or attend. >> on both sides of
. >> president obama and house speaker john boehner meeting at the white house today for another round of talks to avert the possible cliff. both sides a there keeping the lines of communication open, but no word yet on a breakthrough. brian mooar has the latest from washington. >> president obama and house speaker john boehner were behind closed doors today trying to break the tax and spending stalemate recommended take the country over the fiscal cliff in three weeks. they want to...
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Dec 10, 2012
12/12
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MSNBC
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first the outlines of a deal between president obama and speaker boehner. as we've told you, you take the two positions we're looking at between $800 billion and $1.6 trillion in new tax revenue. enough savings to hold off the sequester. compare that to the simpson-bowles proposal and you'll see a big difference. as a starting point the plan would allow the bush tax cuts to expire for everybody. it proposes tax reform that would produce another trillion in tax revenue t. could produce more revenue than the proposals from president obama or speaker boehner combined. in addition simpson bowles would cut spending by nearly $3 trillion, half that have coming from national security. that's right. more defense cuts. than people have been talking about. it all adds up to around $4 trillion worth of deficit reduction. the plan also reforms social security to raise the retirement age and raise the maximum amount you can tax. and for the middle class it would turn mortgage into a 12% tax credit. co-author of the plan alan simpson said on cbs' "face the nation" there'
first the outlines of a deal between president obama and speaker boehner. as we've told you, you take the two positions we're looking at between $800 billion and $1.6 trillion in new tax revenue. enough savings to hold off the sequester. compare that to the simpson-bowles proposal and you'll see a big difference. as a starting point the plan would allow the bush tax cuts to expire for everybody. it proposes tax reform that would produce another trillion in tax revenue t. could produce more...
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Dec 10, 2012
12/12
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WJLA
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. >> when it comes to the so- called fiscal cliff, president obama and house speaker john boehner met today. >> they said the lines of communication remain open. this comes after the head of the international my terry fund got tough on at the sunday talk shows. captioned by the national captioning institute --www.ncicap.org-- >> a quick fix is not the answer for resolving the fiscal crisis, said the director of the international monetary fund. a more comprehensive solution is needed. christine the guard says any deal between president obama and congressional republicans must do more than simply avoid the fiscal cliff to get america pause economy growing again. >> there is still the degree of uncertainty. investors, entrepreneurs households, are not making decisions because they do not know what tomorrow will be. >> but washington's top republican leader, house speaker john boehner, complains there has been no progress in avoiding even immediate crisis. >> when it comes to the fiscal cliff disrupting our economy and threaten jobs, the white house has wasted another week. >> democrats s
. >> when it comes to the so- called fiscal cliff, president obama and house speaker john boehner met today. >> they said the lines of communication remain open. this comes after the head of the international my terry fund got tough on at the sunday talk shows. captioned by the national captioning institute --www.ncicap.org-- >> a quick fix is not the answer for resolving the fiscal crisis, said the director of the international monetary fund. a more comprehensive solution is...
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Dec 8, 2012
12/12
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FOXNEWSW
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. >>> boehner ripped into president obama, speaker boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't see how republicans can stop him, you know, because everybody's taxes are going to increase if congress does nothing, and president obama is the only person that can sign a bill into law and quite honestly, senator harry reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don't believe they'll vote for a rate increase. what w
. >>> boehner ripped into president obama, speaker boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't...
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Dec 10, 2012
12/12
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MSNBC
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today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate banking commission said his party should consider the president's idea of raising tax rates on the wealthy. >> there is a growing group of folks that are looking at this and realizing that we don't have a lot of cards as it relates to the tax issue before year end. we have one house, that's it. the presidency and the senate is in the democrat's hands. a lot of people are putting forth a theory and i think it has merit where you go in and give the president the 2% increase that he's talking about, the rate increase on the top 2% and all of a sudden the shift goes back to entitlements. i ac
today president obama returns to campaign mode taking the fiscal cliff message to detroit. yesterday the president and speaker boehner met privately at the white house, their first face-to-face meeting since they agreed last week to clear everyone else out of the negotiating room. so what happened? well, neither side revealed anything about the meetings, only saying that the lines of communication remain open. but yesterday another influential republican, senator bob corker from the senate...
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Dec 6, 2012
12/12
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KPIX
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. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders say they will close loopholes and eliminate tax breaks but bush-era tax cuts must be extended to all americans. >> reporter: the standoff and debt concerns ryan. so much so, that he is the guy if the suit dancing gangnam style with former senator alan simpson. the group the can kicks back is working to get young people involved in fixing the debt crisis. >> we are trying to connect with our generation in a different way using humor to hook them in and get them to learn about this issue and understand how it affects their lives. >> reporter: the grassroots campaign wants to sign up more than 2 million people to push pres
. >> creating jobs -- >> reporter: president obama and house speaker john boehner spoke on the phone wednesday but publicly are holding firm on their positions. the white house has made clear the country could go over the cliff if republicans refuse to raise taxes on the top 2% of american earners. >> to do that to 98% of the american people, because of an insistence that the wealthiest americans get a tax cut would be profoundly wrong. >> reporter: republican leaders...
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Dec 13, 2012
12/12
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CNBC
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market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and the federal reserve and the fiscal cliff weighed in on this market. how do you position yourself? joining me to discuss that our guests. gentlemen, nice to have you on the program. thanks so much for joining us. let me kick this off with you in terms of allocating capital right here in the face of so much uncertainty, fiscal cliff, federal reserve. what is going to be the dominant force in terms of moving money? >> i think you don't fight the fed. i think what happened yesterday is a little bit more of the same we had this year which is the fed is going to try to keep interest rates low until it mov
market closing off the lows of the afternoon after news that president obama and speaker boehner are set for another meeting today on the fiscal cliff, one hour from right now. take a look at how the markets are settling out tonight. as soon as we got that announcement the market went from down 90 to down 50 and it's creeped lower since with a decline on the session of 80 points, finishing at 13,167. a decline of three-quarters of 1% at 2992 on the nasdaq and the s&p gave up 9 at 1419 and...
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Dec 9, 2012
12/12
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WJLA
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. >> the was a critical meeting in that was held on sunday obama and house speaker john boehner. the timing is a clear indication that many in washington are realize time is out to find a deal on fiscal cliff. wherego to the newsroom richard will tell us. president and house speaker john boehner met privately. both emphasize the lines of communication remain open. one person watching all this is a woman with to power brokers on capitol hill. f is very muchclif the mind of linda. they need to put aside these differences they have. of 10 employees at the capitol hill that counts house itsker john boehner among customers. she worries about the year and a possible government cutbacks. >> they are our main source of keeping the business open. if it goes down any further, we might end up closing up. k of a deficit deal a $800 billion in domestic and defense cuts that family taxes could rise $3,500. is going to be a lot of suffering among a lot of people who deserve otherwise. the white house wants a tax on the rich and increase on the debt limit. say tax tight cost american jobs. medic
. >> the was a critical meeting in that was held on sunday obama and house speaker john boehner. the timing is a clear indication that many in washington are realize time is out to find a deal on fiscal cliff. wherego to the newsroom richard will tell us. president and house speaker john boehner met privately. both emphasize the lines of communication remain open. one person watching all this is a woman with to power brokers on capitol hill. f is very muchclif the mind of linda. they need...
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Dec 10, 2012
12/12
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MSNBC
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you gotta taste this soup. >>> speaker boehner and president obama may not agree upon much these days, but they do agree on at least one thing. silence is golden. it's monday, december 10th, and this is "now." >> joining me today making television history together, jonathan chait of new york making sfwleen, and editor of the new republic
you gotta taste this soup. >>> speaker boehner and president obama may not agree upon much these days, but they do agree on at least one thing. silence is golden. it's monday, december 10th, and this is "now." >> joining me today making television history together, jonathan chait of new york making sfwleen, and editor of the new republic
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Dec 10, 2012
12/12
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you gotta taste this soup. >>> speaker boehner and president obama may not agree upon much these days, but they do agree on at least one thing. silence is golden.
you gotta taste this soup. >>> speaker boehner and president obama may not agree upon much these days, but they do agree on at least one thing. silence is golden.
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Dec 12, 2012
12/12
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CSPAN
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i have an uneasy feeling that president obama and speaker boehner do not know either. it is a huge possible fiscal shock. it would be one of the biggest negative fiscal shocks we have had since world war ii. the only thing that is comparable is when we had in vietnam surtax applied after military spending was already falling. falling office cliff would mean a recession. i think it could be much worse than cbo implies. 1, the economy is very fragile right now and vulnerable to a secondly, i think it has a horrible psychological impact on the business community and consumers who would totally lose confidence in our ability to govern. i agree with david that what we need right now is a downpayment, making some progress. one that probably involves the tax and spending side. and the pledge to do much more later. the important thing to know about the proposals on the street right now is that you can accept everything in the president's proposal for everything in speaker boehner's proposal and he would not solve the budget problems in the longer run. in my judgment, you need
i have an uneasy feeling that president obama and speaker boehner do not know either. it is a huge possible fiscal shock. it would be one of the biggest negative fiscal shocks we have had since world war ii. the only thing that is comparable is when we had in vietnam surtax applied after military spending was already falling. falling office cliff would mean a recession. i think it could be much worse than cbo implies. 1, the economy is very fragile right now and vulnerable to a secondly, i...
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Dec 11, 2012
12/12
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CURRENT
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and speaker boehner met for the first time in over a month we still appear to be no closer to a deal. but over the weekend, for the first time both sides did seem to be softening the edges of their ideological swords. today in detroit the president continued his campaign-style push for congress to pass tax breaks for those below $250,000 and allow tax breaks for the wealthy to expire. >> a lot of people are putting forth a theory, and i actually think it has merit where you go and give the president the 2% increase that he's talking about, the rate increase on the top 2%. so there is a growing body. actually am beginning to believe that is the best route for to us to take. >> in my view we all agree that we're not going to raise taxes on people who make less than $250,000. we should just take them out of the discussion right now. >> i think if it got to the floor it would carry. >> eliot: as the republicans begin to come around on the tax rates democrats have become open to limited entitlement reform. there is no question that the entimes are a key component of the strength and succe
and speaker boehner met for the first time in over a month we still appear to be no closer to a deal. but over the weekend, for the first time both sides did seem to be softening the edges of their ideological swords. today in detroit the president continued his campaign-style push for congress to pass tax breaks for those below $250,000 and allow tax breaks for the wealthy to expire. >> a lot of people are putting forth a theory, and i actually think it has merit where you go and give...
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Dec 10, 2012
12/12
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>>> president barack obama, house speaker john boehner met face-to-face at the white house today to try to prevent the fiscal cliff now just 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum into law on wednesday. >>> and hugo chavez is returning to cuba for more cancer surgery but this time he is making sure a new leader is in place in case he doesn't return, and he named the vice president as his choice for a replacement in case something happens for him. the 58-year-old president is still scheduled to be sworn in for a new six-year-term on january 10th. >>> sad news for fans of music star jenni rivera. there doesn't appear to be any survivors. the plane lost contact with air traffic controllers early this morning. so far no cause has been given for that crash. >>> the national menorah in front of t
>>> president barack obama, house speaker john boehner met face-to-face at the white house today to try to prevent the fiscal cliff now just 23 days away. no details on their conversations but reps for both sides say the lines of communication remain open. the last time the president and the speaker met in person to talk about the fiscal cliff was more than three weeks ago. >>> and just after midnight on sunday, making history. the governor signed the voter-approved referendum...
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Dec 10, 2012
12/12
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CNN
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. >>> in today's meetings between president obama and speaker boehner, is it a sign that we are close to a fiscal cliff deal? i asked the senior cnn analyst, david gergen. >> this week is a crucial week to see if they can get a break through. in fact, they are willing to sit down and they did it in private, and instead of the political theater we have seen in the last few weeks i think that's encouraging. there's even a bigger long-term issue, and that is whether the kind of agreement they can reach now will lead to a grand bargain, or whether it's going to amount to a mouse instead of an elephant. we will have to see what they can craft this week and see if they can get passed the fiscal cliff. the bargain is really important, too. in some ways, don, what is at stake is whether they can craft a deal is that win/win. each side can walk away with something in the short term saying this is encouraging. this is a moment, don, when a lot of things are hanging in the balance. having them sit down today is encouraging because it means they don't want to take us all the way to the 11th hour
. >>> in today's meetings between president obama and speaker boehner, is it a sign that we are close to a fiscal cliff deal? i asked the senior cnn analyst, david gergen. >> this week is a crucial week to see if they can get a break through. in fact, they are willing to sit down and they did it in private, and instead of the political theater we have seen in the last few weeks i think that's encouraging. there's even a bigger long-term issue, and that is whether the kind of...
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Dec 10, 2012
12/12
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WMAR
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with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >> there's a growing group of folks looking at this and saying, we don't have a lot of cards in regards to the tax issue. >> reporter: some are open to more tax revenues. the two parties seem to be closer on entitlement, with one leading democrats saying he's open to means testing for medicare. >> i do believe there should be means testing. those of us with higher income and retirement should may more. >> reporter: if washington can't reach an agreement, every american will see a tax hike. >> there's going to be a lot of suffering among a lot of people who deserve otherwise. >> reporter:
with time running out, president obama and speaker boehner are negotiating directly. congress needs a bill soon. president obama is back on the road today, peddling his plan to avoid the so called fis kalg cliff. in washington, republicans and democrats remain far from a deal. sunday, small sign of hope. mr. obama and john boehner meet together. a source said, i would be a little enjournlged. not greatly, but a little. republicans may be ready to compromise on tax hikes for the rich. >>...
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Dec 11, 2012
12/12
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MSNBCW
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and that requires significant entitlement reform. >> meanwhile, president obama and house speaker john boehner met sunday at the white house. the spokespeople for both men said they agreed not to release details or characterize the meeting. it was their first one-on-one meeting in 18 months as boehner spokesman michael steele says he is still waiting on a counteroffer from the president to last week's republican offer. in michigan today president obama said the house just needs to pass the bill already passed by the senate. >> congress lets middle class taxes go up, economists will tell you that means people will spend nearly $200 billion less than they otherwise would spend. consumer spending is going to go down. all congress needs to do is pass a law that would prevent a tax hike on the first $250,000 of everybody's income. >> president obama still has the american people firmly on his side. this is what the republicans don't get, apparently. 60% support raising taxes on households earning more than $250,000 a year. this is why a republican congress tom cole said once again fellow re
and that requires significant entitlement reform. >> meanwhile, president obama and house speaker john boehner met sunday at the white house. the spokespeople for both men said they agreed not to release details or characterize the meeting. it was their first one-on-one meeting in 18 months as boehner spokesman michael steele says he is still waiting on a counteroffer from the president to last week's republican offer. in michigan today president obama said the house just needs to pass...
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Dec 5, 2012
12/12
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CNNW
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, and there is a sense that he and barack obama just don't have much of a relationship. certainly nowhere near as warm and constructive as the one you ended up having with president clinton. >> first of all, we earned -- you have to ask president clinton this but i think it's a fair thing to say. we earned president clinton's respect in part by closing the government twice and being in a very rough and tumble fight. he came to believe we were serious. we were the first republican congress in 40 years but more importantly, we were the first re-elected republican house since 1928. that happened i think because we showed we actually were serious people willing to take the heat, willing to do what it took and willing to work our way to get real solutions. i would say that president clinton and i developed a relationship out of recognizing that we both had to be in the same room, we both had to bring two sides of the constitution. this isn't the president dictating. this is the president representing the executive branch and speaker boehner representing the legislative branch
, and there is a sense that he and barack obama just don't have much of a relationship. certainly nowhere near as warm and constructive as the one you ended up having with president clinton. >> first of all, we earned -- you have to ask president clinton this but i think it's a fair thing to say. we earned president clinton's respect in part by closing the government twice and being in a very rough and tumble fight. he came to believe we were serious. we were the first republican congress...
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Dec 12, 2012
12/12
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FBC
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first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cli. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the phone. white house folks s there's a sign of movement. a senior huse aide says the evite house reduc the and the white house has reduced itsm demand for tax revenue increases from just under to fund the store one-and-a-half to will sort of the latest republican billio offer of $800 billion.e there is anfother offer on the t table from republicans. the details are known.ys the spokesman said the white house got up counter offer tois. solve our looming debt crisis. we are still waiting for the white house to identify what pet spending cuts the president is willing to make as part of the balanced approa
first, house speaker john boehner sent a counteroffer to president obama to fend off the fiscal cli. in a response to an offer made by the white house yesterday, we go to rich edson from washington, d.c. with the latest. rich, any response from the white house on this? >> still working on that. aids say in exchhnge of proposals taken place, some movement, but still major differences between the white house and speaker's office. fox news reports the speaker and president just spoke on the...